Several stocks are in focus today following brokerage recommendations:
Positive Recommendations
- CLSA on Bharti Airtel: Maintains Buy with a target price of ₹1,890.
- Jefferies on IGL: Maintains Buy with a target price of ₹252.
- HSBC on Tata Power: Upgraded to Hold, target price raised to ₹345.
- CLSA on NHPC: Upgraded to Outperform, target price set at ₹117.
- JP Morgan on Petronet: Maintains Overweight with a target price of ₹377.
- JP Morgan on Cyient: Maintains Overweight with a target price of ₹1,750.
- MS on Reliance Industries: Maintains Overweight with a target price of ₹1,606.
- MS on Bharat Forge: Maintains Overweight with a target price of ₹1,366.
- MOSL on JSW Steel: Maintains Buy with a target price of ₹1,150.
- Jefferies on Mactotech: Upgraded to Buy, target price set at ₹1,600.
- CLSA on Godrej Consumer Products: Upgraded to Hold, target price of ₹1,015.
- Citi on Gas Sector: Prefers MGL, IGL, and GAIL as top picks.
Neutral Recommendations
- CLSA on FII Stance: Large FII selling impacting the broader market; overweight on financials reduced to record low.
- Citi on Indian Auto: Heightened activity in the EV segment expected to pressure established OEMs like Maruti Suzuki and Hyundai India.
- UBS on Bajaj Finance: Maintains Sell, with a raised target price of ₹6,800.
Market Outlook
These brokerage recommendations are likely to influence stock movements in today’s trading session. Investors are advised to track these stocks for potential opportunities.
Disclaimer
This article is for informational purposes only and should not be considered as investment advice. Please consult your financial advisor before making any investment decisions.
